Bank credit grows by 5.8% in June, credit to industry decelerates

Within personal loans while credit to the housing sector grew by 9.7%, gold loans grew by 81.6%, vehicle loans rose 11% while credit card outstanding grew by 5.3% over a year ago period. Though consumer durable loans contracted by 19.8% and advances against shares and bonds nosedived and degrew by more than 23%.

from Economy-News-Economic Times https://ift.tt/2Vjl239